We won’t have to consult the Consumer Price Index to know when the much feared Obama-inflation monster has finally arrived to devour what savings we have left. All that will be necessary will be to look at the average yield on short-term money-market funds. […]

The unprecedented amounts of “stimulus spending” which the Obama administration has requested and the Pelosi-Reid Congress has authorized, are expected to eventually lead to higher inflation and increased tax burdens for years to come. […]

On May 7, 2009, the Obama administration, hand-in-hand with the Federal Reserve, broke the long-standing precedent of trying to maintain confidence in the banking system and published what was essentially a list of “bad banks”, including some of the largest banks in the country. Banks failing the Fed “stress test” were: Bank of America, Wells Fargo, […]